Stock Update On Wynn, Msft, Crwe And Eqlb From Pennytobuck.com
EQ Labs (Pink Sheets:EQLB) recently reported that it has began a national advertising
campaign with a 5 minute spot on ABC affiliate KTNV (Channel 13) in Las Vegas. Chief Executive Officer, Maurice Owens, was featured on The Morning Blend show talking about the virtues of EQ Energy drink while also displaying EQLBs complete product line.
KTNV is owned by New York Stock Exchange-traded Journal Communications, Inc., (NYSE:JRN). JRN owns television stations, radio stations and newspapers in Arizona, Wisconsin, California, Florida and other major markets throughout the country.
Chief Executive Officer Owens also stated that the market for EQ is very large and that he expects EQ Energy drink to be in 5,000 additional stores by year end as the companys products are already in 45 states. Owens stated that the Healthy Energy Drink is being used by students, truck drivers and young adults because of its wide spread appeal.
Owens added toward the end of the interview, We have three top distributors so we have access to about 150,000 stores.
For more information on EQLB visit their site at http://www.drinkeq.com
Wynn Resorts, Limited (Nasdaq:WYNN) has reported it's financial results for the second quarter ended June 30, 2010.
Net revenues for the second quarter of 2010 were $1.0 billion, compared to $723.3 million in the second quarter of 2009, driven by a 74.1% increase in net revenues at Wynn Macau. Adjusted property EBITDA (1) increased 46.0% to $281.4 million for the second quarter of 2010, compared to $192.7 million in the 2009 comparable period.
On a US GAAP (Generally Accepted Accounting Principles) basis, net income attributable to Wynn Resorts for the second quarter of 2010 was $52.4 million, or $0.42 per diluted share, compared to a net income attributable to Wynn Resorts of $25.5 million, or $0.21 per diluted share in the second quarter of 2009. Adjusted net income in the second quarter of 2010 was $64.9 million, or $0.52 per diluted share (adjusted EPS)(2) compared to an adjusted net income of $11.5 million, or $0.09 per diluted share in the second quarter of 2009.
Wynn Resorts also announced today that its Board of Directors has approved a cash dividend for the quarter of $0.25 per common share. This dividend will be payable on August 26, 2010 to stockholders of record on August 12, 2010.
Wynn Las Vegas and Encore Second Quarter Results
For the quarter ended June 30, 2010, net revenues for their Las Vegas operations were $318.2 million, 1.7% higher than in the second quarter of 2009.
Property EBITDA of $65.1 million (with a 20.5% EBITDA margin on net revenue) was down 13.7% versus the $75.5 million generated in the comparable period in 2009, primarily due to higher healthcare and other employee benefit costs, customer acquisition expenses as well as repairs and maintenance costs to preserve the propertys overall quality.
For more information on WYNN visit their site at http://wynnresorts.com/
Crown Equity Holdings Inc (CRWE.OB)
CRWE announced recently that its sales this year have already surpassed $1,000,000. This compares to $232,510 for the three quarters ending September 30, 2009 and $ 659,907 total sales for the year 2009.
Based on our sales to date, we had more than 4 times the sales for the same period last year and are 34% ahead of last years total sales, commented Kenneth Bosket, President and CEO of Crown Equity Holdings Inc. Our growth in sales along with our investments in infrastructure and people give the company a basis for supporting future growth of the magnitude we have seen so far this year, stated Bosket.
Crown Equity Holdings Inc. is a professional consulting firm that assists foreign and domestic companies in all aspects of business development including becoming publicly traded. The companys IR/PR division has grown into a full online public awareness service firm with a complete line of advertising and marketing tools at their disposal. Founded in 1995, Crown Equity Holdings Inc is based in Las Vegas. Let CRWE Showcase Your Company to Investors Worldwide.
For more information visit CRWEs site at http://crownequityholdings.com
Microsoft Corporation(NASDAQ:MSFT) announced that CH2M HILL, a Fortune 500 company and a global leader in engineering, procurement, construction, management and operations, switched to Microsoft virtualization and management software from VMware Inc. software, projecting cost savings of more than $3.2 million during the next three to five years. The company also expects to reduce server administration work by 30 percent so it can focus on more strategic work like branch office virtualizing, infrastructure upgrading and architecture planning.
CH2M HILL has a global presence of more than 25,000 employees in regional offices that require agile, high availability IT services to serve their customers' needs and in a cost-effective manner. CH2M HILL was an early adopter of virtualization technology to curb server proliferation and provide more agile IT services. Between 2005 and 2007, the company used VMware ESX to virtualize 350 servers in its datacenter and 100 servers in regional offices. When the global economy plummeted in late 2007, CH2M HILL decided that it needed a more cost-effective virtualization solution.
To date, CH2M HILL has migrated 30 VMware virtual machines to Microsoft Hyper-V and plans to have all its virtual machines, at headquarters and in the field, migrated over the next three years. CH2M HILL is using its Hyper-V virtual machines for development and test servers and to run critical applications such as Microsoft Office SharePoint Server 2007, databases running Microsoft SQL Server 2008, Internet Information Services 6.0 and 7.0 Web server, and, soon, Microsoft Exchange Server 2010. The company uses Microsoft System Center to create virtual machines and give business groups the ability to create virtual machines.
For more information on MSFT visit their site at http://www.microsoft.com/en/us/default.aspx
For FREE Daily Stock Alerts & Updates Signup At: http://pennytobuck.com/signup
THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!
Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. PennyToBuck.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers.Our disclaimer ( http://pennytobuck.com/disclaimer) is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold PennyToBuck.com report and Crown Equity Holdings Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. Rule 17B requires disclosure of payment for investor relations.The fee may be in cash, in free trading stock or in restricted stock. Crown Equity Holdings Inc. (CRWE.OB), if paid in stock, can and may sell those securities during the advertising period. Crown Equity Holdings Inc. (CRWE.OB), if paid in stock, can and may sell those securities during the advertising period. Crown Equity Holdings Inc. (CRWE.OB) has received fifteen thousand dollars in cash from a third party (EEA, Inc ) for (7) days of advertising for EQ Labs, Inc. (EQLB.PK)
by: Bill Pennyman
The Differences Between A Meeting, A Symposium, A Panel Discussion, And A Conference Easy Fundraiser Ideas: Ways On How You Can Promote Your Next Fundraiser Photo Mugs And Coasters - The Perfect Gift Stock Update On Taxs, Rgs And Jtx From Pennytobuck.com How Bail Bonds Work And The Types Of Bonds What is the difference between Ni-Cd, Ni-MH, and Li-ion? Stock Update On Tds, Kfrc, Nwtt From Pennytobuck.com What Are Hcg Drops And Should You Use Them An Austin Accountant To Manage Your Funds Easy Fundraiser Ideas: The Dos And Donts Of Fundraising Inside The Office Out Of A Job? Clean Up And Get Active! Commemorative Lapel Pins to Raise Funds for and Remember a Worthy Cause Easy Fundraiser Ideas: Spreading The Word About Your Campaign